NEWCOMMA SECURES PRE-SEED FUNDING FROM SFC CAPITAL TO REVOLUTIONISE THE AFRICAN + BLACK CREATIVE INDUSTRY
Summary
LONDON, June 14, 2023 /PRNewswire/ -- , a groundbreaking social media platform empowering African and Black creatives, has successfully closed its pre-seed funding round in partnership with SFC Capital, the UKs leading early-stage investment firm. "NewComma presents a unique opportunity to transform the African creative industry," says Ed Stevenson, Investment Executive at SFC Capital. "We were impressed by NewCommas innovative approach and passion for empowering African/Black talent, combined with their understanding of the markets potential, it convinced us to support their vision. Nigel Atta-Mensah, NewCommas COO and Co-Founder, adds, "African governments need to create 18 million new jobs annually to accommodate the ambitious population entering the workforce; by nurturing creatives into the formal sector, we can provide countless opportunities. By combining our leading investment funds with our angel syndicate, we have created a unique model that provides investors with diversified exposure to high-potential SEIS and EIS-qualifying businesses.